Dr Nick

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About Dr Nick

Levels Tought:
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Teaching Since: May 2017
Last Sign in: 248 Weeks Ago, 6 Days Ago
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  • MBA (IT), PHD
    Kaplan University
    Apr-2009 - Mar-2014

Experience

  • Professor
    University of Santo Tomas
    Aug-2006 - Present

Category > Business & Finance Posted 08 Jul 2017 My Price 11.00

What is the expected time between arrivals?

I need an excel spreedsheet for this problem.....should take a couple of minutes if you know what youre doing

Cars arrive at Carla's Muffler shop for repair work at an average of 3 per hour, following an exponential distribution.

(a) What is the expected time between arrivals?  ( use the Expected Value formula in excel)

(b) What is the variance of the time between arrivals? ( Variance formula excel)

 

Answers

Dr Nick
(3)
Status NEW Posted 08 Jul 2017 05:07 PM My Price 11.00

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